2012-12-01
2012-12-31
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English 167

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figures representing the eu have been in the norwegian capital, oslo, to collect the nobel peace prize. it was awarded to the 27-member bloc for six decades of promoting peace, democracy, and human rights. >> however, not everyone is happy. some have asked whether the price is justified at that time when the eu is mired in economic and financial -- the prize is justified at that time when the eu is mired in economic and financial crisis. desmond tutu says it is an organization based on military force. >> coveted award was accepted with pride by the eu's 3 president, martin schulz, herman van rompuy, and jose manuel barroso. the standing ovation they received was a rare accolade for the eu in these tough economic times. >> in light of the financial crisis that is affecting so many innocent people, we can see that the political framework in which the union is rooted is more important than ever. we must stand together. we have a collective responsibility. without this european cooperation, there is -- there is a risk that the ground gained would be lost. >> he said the achievement of last

people under the age 25 in the eurozone. >> the eu executive presented a proposal for all member states to offer so-called "youth guarantees," ensuring training for young people in the few months after they leave school or lose a job. >> waiting rooms are full of young people. the crisis has hit them hardest. in countries like spain, up to one-half of young people are unemployed. under the european union boss proposed scheme, everyone under 25 who applies -- european union's proposed scheme, everyone under 25 who applies would be guaranteed a job or training within four months. >> we have to invest in europe's young people. we cannot afford to leave them. we have to give them the skills and experience they need to help them to get a job. >> the eu wants to fund the sceme -- scheme with money from the european bond. many are skeptical of the plans. >> i do not believe the suggestions will be successful. employers will be afraid of giving people work, so it will hurt those it's trying to help. >> whether it will really create more education and training programs is still unclear, as the s

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assad. adopting a statement on syria on friday, the statement says the eu is appalled by the deteriorating situation. >> for a real political process to take place. the european council remains actively engaged and asks the foreign affairs council to look -- i'm quoting, at all options to support and -- >> the eu has been increasing sanctions on the assad administration since may of last year. the measures include bans on oil imports from syria and transactions with the country's central bank. at the meeting earlier this week, eu foreign ministers agreed to recognize the opposition syrian national coalition as a legitimate representative of the syrian people and rally support for the group. >>> leaders in japan and china are engaged in a despite over islands in the east chinese sea. the chinese are taking a new tactic in their efforts to press their claim. they told united nations officials their country extending far enough under the sea to encompass the islands. officials with china's foreign ministry said they made a legal claim based on the u.n. convention on the l

emission permits in one eu country, paying no value added tax, resold them, and then claimed back tax illegally. which of unmanaged some of the shady accounts. it is the second -- deutsche bank managed some of the shady accounts. it is the second raid on the bank. this may be the tip of the iceberg for germany's biggest bank. >> our chief correspondent is falling this story for us now -- is following this story for us now. possibly that of the iceberg -- the tip of the iceberg. >> this report and then goes back a couple of years. this is one of the biggest raids so far. authorities they have good reason to believe the bank's co- ceo was involved in illegal activity. as your report said come fitschen and the -- said, fitschen and the bank are claiming that the talks documents -- the tax documents were amended in time. it does look like an attempt to play fast and loose with value added tax reporting, and that is a very big public-relations disaster for the bank because it comes on top of a number of other investigations, all of them asking some questions about credibility of the bank.

this afternoon. >> thank you for that. ramin mellegard reporting for us at the new york stock exchange. >>> eu announced an unprecedented link with singapore. negotiators from the eu's executive arm said they reached a basic agreement with their wour counterparts of the southeast asian state. exporters will have to wait a little longer to take advantage of the deal. eu member nations must approve it first. singapore's politicians must also approve certain domestic procedures. eu officials say paths should open their financial services and insurance markets. european auto exporters will also have a new market to exploit, with singapore agreeing to recognize eu safety standards. negotiations now plan to speed up free trade talks with other nagz su nations such as vietnam and malaysia. the consumer price index for november will come out on tuesday. the cpi in the country rose 2.7% in october from a year earlier. on wednesday, they will release trade numbers for november. they were in the red for the fourth straight month. on the same day, we'll find out if the u.s. housing market continues to rec

, the ceremony for the nobel peace prize has taken place. the presidents of the eu three main institutions collected their medals. european counsel president, baraso and eu parliament president martin schultz jointly accepted the prize. the prize committee said the 27-nation bloc turned europe from a continent of war into a continent of peace. rampai vowed to strengthen european unity andverce th economic crisis. however, critics say the prize is inappropriate, pointing out that the eu has failed to limit the impact of europe's economic troubles. those same critics are pointing at italy. what does this say about investors? >> it says that investors are selling bonds. that's why the yields are going up. it also implies these same people are getting cautious, incrsing cautious er the country. he says he will resign once the next budget bill is passed. the rates had been easing for about a month. the key index on the milan stock exchange plunged by nearly 4% ending the day with a 2.2% drop. the euro was traded lower against the dollar and the yen. the future of italian politics is now more cl

to begin next spring. eu president said they hope ep negotiations with strengthen ties and lead to sustainable global economic growth. fra some eu nations also say japan's efforts to open its market have been insufficient. eu helps to plan negotiations if japan fails to improve within one year after they begin talks. as the clock ticks away on the scalliff, we're seeing some signs of concessions between republicans and democrats. president obama and john boehner met again the white house. they are aiming to reach an agreement on tax hikes for the wealthy. the meeting comes after the republicans propose a compromise over the weekend. they reportedly offer to agree to a higher tax rate for the rich but only for those with an annual income of a million dollars or more and that's in the democrats agree to reduce spending on health care and pension. men while democrats continue to demand aax rise for people making at least $250,000 a year. >> an important element of that on the revenue side is allowing current law when it comes to the top 2% to remain in place which see rates on thos

. he's john major all over again. >> a few hours later the common debate on the e.u. budget began in earnest. >> now, i think this multiannual framework, the e.u. budget a simple word to use is insane. to ask for a 10% real increase above inflation is insulting to our constituents. it's insulting to the people of spain and italy and portugal and ireland who are being told to pull in their belts. >> is it the truth of the matter that literally the only way that you can be sure that you end up with a less than inflation increase is by not announcing that you're going to use it and by making sure that you negotiation all the way through? it's a child that announces on the first day of the negotiations that they're going to use the veto because of course the commission gets its way. >> i have had police officer who is came to my surgery and they understand that their pay is frozen. they're less happy about the terms and conditions. they're less happy about not getting their increments. but what they don't understand is why other elements of budget and in particular the european union

. >> agrees also posed a challenge to the eu finance ministers, who approved a 130 billion you're out -- billion euro bailout -- greece also posed a challenge to the eu finance ministers, who approved a 130 billion euro fail appeared more and more, the focus on firewall plans for 2013, releasing 800 billion euros in october, but that attempt to extinguish the problem came too late for the spanish financial markets. one bank sounded alarm in may. it was nationalized and needed funds to survive. other banks went through similar problems. risk premiums for spain rose until the end of july, so european finance ministers agreed on a new mode of attack -- on july 20, they announced a 100 billion euro bailout to calm spain's blazing financial sector. over the summer, a new idea developed to prevent such disasters in future -- to set up a common bank supervisor in frankfurt. the plan was endorsed just before christmas. >> no one knows what shape it will take, but there's a promise our financial system will become more stable, which is keeping the markets stable today. >> in september, the eur

for a palestinian state with jerusalem as its capital. numerous european nations have criticized israel's plans. eu foreign ministers will discuss the bloc's reaction at a meeting next week. >> we cross over to our correspondent in jerusalem. should binyamin netanyahu be worried about this diplomatic outrage? >> we do not see much of worrying here. the israeli government does not seem impressed by the diplomatic pressure from the eu and from the u.s. the reaction so far was that there would be no backtracking. according to an official from the prime minister's office, he said there would be no change in the decision that was made. israel argues that they have the right to respond to the move by the palestinians last week at the un. it is quite an unprecedented move for the u.k. and other european states to some and israeli ambassadors to try to -- to summon israeli ambassadors to try to pressure them. it is always easier for them to maneuver around it. i think it will be interesting to see if crime and not -- prime minister erdogan yahoo! will be -- it will be interesting to see what prime minister

merkel. >> merkel has not use her voice strongly enough, and that is why the situation in the eu is so critical. it is lacking a leader, and effects are being felt everywhere. >> climate experts warn that if emissions do not sink in the coming years, the consequences will be dire. a new climate treaty is due before 2020, but after events in doha, that is looking more unlikely than ever. >> as we saw in that report, the german environment minister is playing a key role in the climate talks. we asked if he thought there would be a breakthrough. >> first of all, we are in the middle of a very, very important and difficult negotiation process. i expect negotiations going on all day and probably all night. we are very much family dependent to achieve as much as we can in the summit. i hope that we will be able to have another commitment perido -- period under the kyoto protocol. i hope as well that we can agree on a road map for negotiations on a new finding instrument for all countries worldwide, and i hope that we can enhance our ambition level as far as climate mitigation is concerned. i

of energy to europe. >> putin was speaking in brussels, where he has been holding talks with eu leaders. his first visit after he was reelected. although russia and the you are close trading partners, there are various contentious issues which divide them. >> vladimir putin did not waste any time on arrival -- just a quick way that the cameras. outside, protesters clashed with police. the women's rights activists were not mincing words, telling the president to go to help -- go to hell. inside, the eu message to russia was also clear. >> we will discuss commitments to guarantee our citizens democratic rights. >> the biggest disagreement is over energy issues. the eu has been critical of new gas pipelines from russia. the south stream pipeline is meant to carry russian gas through bulgaria to austria and italy, but the u.s. and russia are arguing over the rules to be applied to the new pipeline. >> it is true that some difference remained regarding some aspects of energy relations between europe and russia. >> european demands for russia to separate gas companies and distribution channels hav

. germany and the eu. germany had highest vacation days n eu . they are most productive. >> they make good cars, the germans. >> and the gloth grated is-thirds of our own . once upon a time they were a low tax regime and hours were higher. taxes on work you get less of it >> europe has legally man dated vacation . we don't have that here. >> i hope we are not on the air in france and germany. you are killing these poor people. >> they are killing themselves. look at their numbers. want you want to have them. >> they are happy except for millionaire necessary france. >> which is why they are leaving for belgium which is a tax-haven. 75 or 85 percent. ments to work there? last word from steve. a push to ring in the new year with a mileage tax. will it drive your economy off of the cliff? >> and colleges cashing in. they are collecting more application fees and not letting more students in. >> college is maching an increase . critucs call it a money grab. that is it a flip side. they have stocks set to >> believe it or not, colleges are enticing more kid toz apply to their schools and admitti

in the european shares. with things likes the eu banking supervision and even the change in italian politics, what we're seeing more generally is that these events are having a more muted impact on markets more generally. so what we think is going to be the bigger factor will be actually what happens at the underlying company level in terms of driving markets. for that, we have a relatively lower output. >> and that's interesting. we have recession across the eurozone, maybe the growth outlook isn't great. but at the same time, people are growing more bullish on european equities. is it simply that you think the macro problems have bottomed out? >> clearly, we've had various events through the year, threw 2012, which has at least demonstrated a commitment by authorities in brussels to instill confidence in the banking sector and instill confidence in the euro. that has taken or removed one of the tail risks that really concerned people looking at the european markets. so that's enabled them to switch the focus back on to the companies and appreciate the quality of companies that we have in europe

markets. this is, of course, because eu regulators are poised to excuse samsung of breaking competition rules and filing competition patent lawsuits against samsung. greater chinese markets, shanghai more isolated from global happenings and fiscal cliff negotiations. really, it's been a lot of general volatility here. i've been talking about this all week and the index hasn't moved much. we did see a large run up since the beginning of december, some 9%. however, i have my eye on the year-to-date losses. they are still holding around 2%. and if the shanghai comp and this year with loss, it's a three-year bear market and eats a lack of trust. the retailers have yet to buy into this market once again because trust is so low. there are, keep in mind, 72 million retail investors. those are the cab driver retail investo investors. fiscal cliff worries certainly played into the market here. down .7%. the culprit was mainland banks. they were weak on both exchanges. so the likes of icbc bank of china, ccb ag bank were all weak on liquidity concerns. the sensex in india down .8%. kelly, keep in

ministers will try to come to an agreement on the eu banking union, but deep revisions remain. >>> house republicans put forward their plan to cut the u.s. deficit, but the proposal is quickly dismissed by democrats and the white house. >>> and australia central bank cuts interest rates to the lowest level since the financial crisis in a bid to get ahead of sluggish commodities demand. we're on tuesday and off to a slightly, what, soft close yesterday for european stocks. right now we're pretty evenlies passed, advancers just about outpacing decliners on the stoxx 600, but not by much, 5:4 if that. so one hour into the trading session, this is where we stand. the ftse 100 just flat, a flat close yesterday. the dax was essentially fairly flat yesterday. up just ten points. the cac 40 yesterday doing a little bit better, up 0.2%. first pointing out ftse up 9 out of the last 11. we have seen yields continue to decline in spain. just 5.23%, but still capped. spain requesting financial assistance. we'll keep our eye on the uk as we head toward the bank of england meeting this week p. dollar i

. they decided to meet again next week for further discussions. eu, economic, and monthly tear affairs commissioner said consolidation of oversight will be the first step towards a banking union. it will include a framework for bailing out nations with excess debts. he said failure is not an option. last month eu leaders agreed to allow the region central bank to supervise some 6,000 commercial banks in the eurozone. the goal is so set up a framework by the end of the year and launch the new system next year. now let's get a check on markets. tokyo share prices are trading in a narrow range. the nikkei is down 1/4 of a percent at 9,409, a loss of 24 points from tuesday's close. they're sidelining after taking profits if recent gainers at the open. they're refraining from major moves to confirm the next steps in the u.s. budget talks. the obama administration and opposition republicans remain at odds over how to avert the falling off the fiscal cliff. let's take a look at currency markets. the dollar is also little change against the yen as u.s. budget talks continue. dollar/yen is in t

no interest. >> for the eu, the imf, and the european central bank, which have lone cypress billions of years, it is clear the waste and corruption in the country must end -- which have loaned cypress billions of euros. the troika is also calling for more regulation of credit policies. they say the banks lord separate into taking out dodgy loans. >> one of the factors that contributed to this excess of liquidity in the separate banking sector is the attraction of foreign deposits. at this point in time, the total amount of foreign deposits is more than 21 billion euros, more than gdp. >> most of the money came from russian investors. tens of thousands of them have made cypress their second home. in germany's federal intelligence service, a to says most of their accounts contain laundered money. the cypriot government denies that. now the country is hoping newly discovered gas reserves off the coast will help pay back credit from the eu in a relatively short time. the first contract with energy companies have been signed. while billions are being spent to bail out the banks, many indebted fami

to receive further eu funds. finance ministers are set to meet to discuss releasing the bailout funds. british banking giant hsbc has agreed to pay a record $1.9 billion to settle a money- laundering case. investigated by authorities in the united states. >> hsbc was accused of using the u.s. financial system to transfer funds from mexican drug cartels and from countries like iran that had been placed under international sanctions. >> the u.s. government says hsbc invaded these practices. they've have been said to enabled terrorists and others to ensure bent sanctions. despite the hefty amount, this will have them avoid prosecution. this is unlikely to spell doom. >> the company is are dealing with this talking about cost- cutting measures and also stripping assets. as far as the fiscal issues are concerned, it is cover bowl. the reputation may take a little bit more time for them to get that back. >> hsbc is not the only european bank facing european money laundering charges in the united states. ing had to pay the highest bond today. credit suisse was also slapped with a stiff penal

on the bank. eu leaders agreed to reforms to prevent the biggest banks from ever teetering on collapse again. >> rebels on the advanced again. syria's capital shaken by blasts. a senior russian minister admits the assad regime is losing control. >> why one of the world's most famous museums is branching out. >> europe says one watchdog is enough to keep its biggest banks from ever collapsing and threatening the euro again. >> the european union leaders held an agreement that would tend banking supervision away from national governments and park -- would take banking supervision away from national governments. >> if the bank -- does need a bailout, all of europe will help foot the bill. >> the deal came after a prolonged deadlock over the details of the proposal. the german chancellor was full of praise for the outcome. but it's a good sign that the finance ministers agreed on a banking supervisor. it is a big step towards greater confidence and trust in the eurozone. >> countries like france and italy have pat -- have pushed for a speedy resolution. banking supervision paves the way for a di

, but the infrastructure is necessary if germany is to achieve its goal by 2022. >> eu fisheries ministers gathered in brussels for the annual end of the year talks on fishing quotas. during the three-day negotiations, ministers will try to agree on how much fish is allowed to be caught in the north sea and the atlantic. >> environmental groups want the european commission to and overfishing. they say current levels of unsustainable and dangerously close to depleting fish stocks, especially cod. >> of fishermen around europe say their fleets have already been cut and many jobs lost. policy makers in brussels will have to hammer out a plan that balances commercial interests and brings fish stocks back on track. >> returning to the dutch port after a week of fishing in the north sea. he is only licensed to catch one kind of fish. eu ministers responsible for fisheries say quotas are necessary to protect fish stocks. >> for us, it is about sustainable fishing policy, which is based on the maximum sustainable catch. >> it sounds environmentally friendly, but it results in edible fish being thrown overb

to enter the country, many of them muslims. athens remains the only eu capital without unofficial moscow. now there are plans to build one next year. will the bankrupt companies -- will the bankrupt country have trouble delivering? >> underground, crowded, a legal, the place of worship for muslims and athens. dozens of these poor rooms serve be a huge community. -- dozens of these prior rooms serve out a huge community. >> we respect all religions, but they did not have the respect of our muslims to provide as a regular, legal mosque for our workshop. >> the shadow of a now distant past. no mosques have been built in athens since christian greece gained independence in 1832, the omi e.u. capital without. but could that change? this was the site chosen for the first mosque. but previous promises have come to nothing in there is a financial crisis. >> there was a fear in the greek society about the construction of a mosque. we must overcome these fears. it is the commitment of the greek state about the construction and commitment. >> there is still resistance. well over 90% of greeks are o

is on track to become the first eu capitals to introduce public transport. not everybody thinks it will get cars off of the road. >> nobody knows exactly how much pollution will be cut, but the city hall and the mayors say it will be the flagship of the grain movement in europe. not everyone is so enthusiastic. >> of course i think about the environment, but i'm afraid the dozer -- that those that are used to traveling by car will not use the system. >> if the price of fuel was hired, people might not use car s, but people will not use it just because it is free. >> i do not think it really is free, because we are paying taxes. >> three-quarters of voters backed the proposal in a referendum. ho only one-fifth of those eligible took part in the polls. -- only one-fifth of those eligible took part in the poll. the opposition here says this is less about the clean environment, and more about political hot air. the mayor denies he is simply trying to win votes and says the scheme will pay for itself by attracting more business. >> i want it to be the green capital of the eu. >> some estimates s

. they dream of being part of the eu, part of nato. they speak with you not about the palestinian issues, but about trade, export, in poor, investments. the import, investment. when people are involved in economic development, they do not need incitements, terrorism or other issues. >> can we have a microphone for dennis ross? >> this is not a hard one, just a straightforward one. you mentioned that in the last couple of months you have paid the salaries of most of those from the palestinian authority. that comes from the duties you collect on goods that come in from the palestinian authorities. will you withhold 7% of revenues -- 70% of revenues in response to what just happened, or will you continue to provide those moneys that create the salaries and bowed to the point you're making in the importance of the economy. is it in their economic interests to avoid a vacuum? >> first of all, as you know, we signed not only the oslo accords, but also the peace accords. there is a mechanism, how to collect money for debt. today it is our biggest problem, outstanding debt to the electricity com

to receive a new infusion ofore th bilon eos in aid from the eu and other principal lenders. the organization of petroleum export and countries held a general meeting in vienna yesterday. representatives of the 12 oil exporters agreed to retain the current production target of 30 million barrels a day. they say supply is sufficient and prices are appropriate for the moment. prices in new york of benchmark crude futures have been relatively stable since the summer at just around $85 a barrel. this is against a background of slower economic recovery. opec expects demand for crude to rise as the dploe ball economy picks up. some analysts say opec could consider cutting output. heres a cck on markets. >>> nhk special coverage japan general election is a click away. we'll be adding features to our web and mobile sites. in-depth looks on what could define the campaign. get online and get informed >>> delegates from more than 100 countries noticed them as legitimate people. barack obama did the same thing a day earlier. the de the delegates met in morocco, the so-called friends of

para una compensación u otra reparación. para más información llame hoy. la m ay orÍa de l os eu s tadounidense estadounidenses qu i e n e r e n e r en q ue e l p pb o residente barak o bama ll e ne le v a c oo i Ío f i s ca l pe ro se d ic e qu e el t tan to los republicanos co m o lo s d e m o c s Ócratas m o ichelle obama ten d r d e m o c s Ócratas m o ichelle obama ten d r no te n d r ia ndrÍa n a la s ga nas d e l le gan a a u r a u n a cu er d o . >> que aps ari pas a ria Ía s i e l p h ch residente hugo chavez no ll e ga de sp ue És de su c u ar t a o p er aio n c i on Ón en c u b a ? b u buen o e n el go bierno d ice n que e el p c h h c h residente hugo chavez es t a e en re c u pe rac o n i n on Ón. se e s per a co n tr aro i o a com como se tr a t o a n ter i o r me nt e es a >> a contaraiortioio a como se trarto anteri anterior memente la emnfermeda d ahor ahora el gobierno habla abiertam abiertamente del la condiconesiones del phchresidente hugo chavez. >> la revoclucluciÓn chavista sin c chavezch chavez es inviable. >> y todod s en

. >> including the eu address. stay with us. >> if you have never traveled around the country, you have probably climbed on to retrain. >> trains could just about everywhere in the national network has enjoyed competition protection for decades which has ended and long-distance domestic bus services taking into the road. >> the passengers are tired on this bus from frankfurt to berlin, but many welcome the new long distance lines as an alternative to trains. >> it is cheaper, direct, no delays, very punctual. >> there is no bus the hamburger, but that would be good. i have of friends there -- no bus to hamburg. >> i think it's great i can take the bus there. >> they passed the time by playing cards or taking advantage of the free wifi. they have plenty of time and not a lot of money. it is almost like a social events. >> it is just more cozy. >> the company, dein bus of, is showing promise. they're targeting young clientele with quirky videos, but there is a catch. it happens only if enough passengers buy tickets. their advertising one-year wrote tickets and the price is a key. they see this as

. the eu was honored for promoting peace and human rights in europe. >> the european project has shown it is possible for people and nations to come together across boarders. >> hundreds of people outraged by the eu being awarded protested. they say they are unfit for the honor. >>> coming up, what gmail is blaming for it is e-mail outage this morning and facebook is going forward with policy changes. and the latest on the condition of nelson mandela who was hospitalized over the weekend. oh, you have a keurig vue brewer? oh, it's great! now i can brew my coffee just the way i love it. how do you do that? well, inside the brewer, there's this train that's powerful enough to carry more coffee and fresh water to make coffee that's stronger and bigger... and even hotter! actually, i just press this button. brew the coffee you love -- stronger, bigger, or hotter -- with the keurig vue. because we know how much you do to make the holidays just right. from ornaments to ottomans, memories are made with ikea. >>> a lot of gmail users were left in a lunch this morning. google says it was a glob

-- for federalization of euros -- [shouting] the european parliament and only if his apartment of the e.u. ensuring democratic legitimacy for the e.u.? does he agree with this? as he repudiated? and what we say to the others when he goes to summit tomorrow? >> well, i do agree with my honorable friend on this one and not with his president barroso, for this reason. that it is the national parliament that provides the real democratic legitimacy within the european union. when we are discussing banking union, it's at this house that we should account, when we're discussing the union budget it is this house the represent our taxpayers that we should account. and i always bear that in mind when i'm negotiating as it will be tomorrow at the european council. >> can the prime minister confirm the autumn statement reveals the government is now borrowing 212 billion pounds more than it previously planned? >> well, i wouldn't take this from the honorable lady if her plans were to borrow even more. the point is, i know that the party opposite was desperately disappointed that the office for budget responsibi

. speaker, nearly eight years later, calling for the e.u. to take this long overdue action as the purveyor of one of the most expansive extremist networksed in the world, hezbollah has engaged nearly three decades of attacks against americans, europeans, israeli civilians, in addition to plots and attacks on nearly every continent. among the most egregious examples of hezbollah attacks against innocent sillians abroad were its bombings of the israeli embassy in buenos aires in march, 1992, and the jewish cultural cent for the in 1994. his boll will la has never missed -- hezbollah has never missed an opportunity to target innocent civilians, especially innocent israelis, as the 2006 conflict in southern lebanon illustrated while using innocent lebanese as human shields. hezbollah has even turned its weapons on syrians and against other lebanese as the special tribunal for lebanon has uncovered. and most recently, mr. speaker, hezbollah attacked innocent israeli and bulgarian civilians in burgas, bulgaria. given hezbollah's long and grisly record, it is no surprise that many of our allies f

to a lifeline from the e you. >> two years ago, ireland receive more than 67 billion euros from the eu bailout fund, and the money appears to have helped. the government was able to sink its annual deficit from 32% to 8.5% of gdp, and it is paying much lower interest on government bonds, and the irish economy is growing. only unemployment remains stubbornly high. in october, the jobless rate was still above the eurozone average at 14.7%, but in countries hard hit by the euro crisis, there were even more people out of work, and an increase, and employment is one of 25%. in spain, 26% were one in two young people is out of work. things are not quite that grim in italy, but more and more young people are looking for work. the youth unemployment rate is 36%, the highest since june 2004. >> we have to take a short break, but when we back, december 1 is world aids day. we will be taking a look at the problem of hiv/aids. >> and what is germany going to do with all its nuclear waste? stay with us for that. >> thanks for staying with us. >> welcome back. one of the consequences of the breakdown of pub

. >> nesirky said any u.n. personnel who stay behind will be restricted to the capital damascus. eu sources said their ambassador and two other diplomats would be recalled. they say about ten syrian employees will take over information gathering and liaison activities. reuters says eight u.n. staff members have been killed since the uprising began in march of last year. >>> the iranian military says it has captured a u.s. intelligence-gathering drone in its air space. but a spokesman for the u.s. navy's 5th fleet denies that claim. iran state-run television network aired footage showing what it says is the unmanned air craft. iran's revolutionary guard missiles say it captured the drone after it entered the country's air space over the first gulf. they said the aircraft was engaged in reconnaissance and gathering data. they released no details about the aircraft. a revolutionary guard commander says the u.s. has attempted for many years to attack iran from the persian gulf, but iran's ability to intercept aircraft has improved. >>> the pressure is rising at the united nations conference on

to impose strict budgetary discipline on eu member states. for her own party, merkel is cautiously pushing reform -- for instance, by backing agenda " for women in senior management positions. >> my patients on the subject is running out. i want to see results. companies need to deliver. they may not take advantage of the trust we have shown them and do nothing. >> delegates also elected a new party executive, which is younger and includes more women and minorities than it did, but a possible successor for angela merkel seems nowhere in sight. >> for more on this now, we are joined from the party congress in hanover by our chief political correspondent. merkel has been reelected by her own party by what was a landslide for her. does this bode well for general elections next year? >> indeed, the result was one that was worthy of a chinese party congress, nearly unanimous. it is precisely because we have elections coming up next year and the party well knows that merkel is their very best advertisement. she is the most popular politician in germany. her popularity ratings significantly surpa

would have a different method of determining that for every case that came before us? >> [stp-eu/] i wasn't saying that is how we should take the tape measure and walk the route that i attempted to walk. i was merely demonstrating in opposition to the public policy is that the public policy is completely inapplicable in this situation because it's impossible to walk from one to the other. it's not possible. i mean, unless you are willing to walk two or three miles and that is clearly out of the scope of 1,000' requirement. i used that to demonstrate how difficult it would be that the legislators wanted to cure by enacting the 1,000' radius? >> in your brief your argument is that you are outside of the 1,000' requirement, is that correct? >> we had it measured four times and came up with four different measurements. one was 1005 and that was outside. that is not taking into consideration that you walked the route i walked. these are now square parcels, you know, laid out on a grid? they are long meandering things and it's impossible to tell you, so you have to think maybe this would

. eu também. anslator: me, too. interviewer: por que? translator: because i was born here, live here. i've never been to japan. translator: more japanese, but also brazilian, because my children and grandcldren are all brazilian. but when japan and brazil play against each other, i cheer for the japanese-- my children, for brazil. ( speaking portuguese, laughing ) kingore ) translator: ( speaking portuguese, i was born in japan, but now i'veeen in bl fomanyea. i'm now brazilia narrator: by 1960, when this wave of immigration had slowed, the city, bulging at its seams, boasted 13 million residents. and then yet another group of immigrants began to pour in. ( children shouting ) this group came from brazil's. between 1955 and 1980, more than five millionrrived, attracted by the promise of work ana better life. but an already crowded city could not absorb them. so they began to build tir own homes and neighborhoods, but an already crowded city brick by brick, couon the periphery.m. this so-called "self-construction" caused the city to spread even farther. translator: the gigantic size of s

it is or why they have applied for a c eu because what would happen if we approved this? >>> there is some may be we asked them to apply for a c u. >> i don't remember if which asked them to apply for the c u. >>> for all of the proposed --. >> yeah, this is their architecture program this is my understanding and it's in a building in a relatively new building. i don't remember it's only a few years old. my only --. >> so what happened to that c u at this point? >>> it would become invalid you could not approve a probability there. if you passed this pro vision that says that educational institutions are no longer permitted in the sally, you could not legalize these and they could not be in there. >> and so the building code required a chem use for the subject use and they install the subject use without permanents and the legalized to permit the use. >> you could not approve it even if you wanted to? >>> without it yeah,. >> so i'll fill you that because i think what commissioner hillis is asking is we have a user who we have asked to comply and here's an at some poin

and honor the commitments by the eu. we will have a balanced budget in to 13. kelly. >> carolin, back with you later in the program. >>> for now, we're joined by bob parker on set, senior adviser at credit suisse. bob, welcome. >> thank you. >> what do you make of this? is there any way that this is a positive in terms of perhaps opening the door towards mon at the monte serving in some sort of government? >>. >> i am assuming we're going to have a election probably in the second half of january. we're talking about a position of somewhere between 12 and 17% of the vote. so subsequently, i think fears that berlusconi may come back seem to be misplaced. i think if everyone looks at the last year and a half of what the monte government has achieved in italy, you have to be impressed. we have a strong budget climate surplus. the overall budget has come in dramatically. we've had well fare reform, pension reform. there's further work to be done on the competitiveness of italy. >> i can't tell you how much investors have been talking bullishly about italy. we know it's the eurozone's third

quarter. the eu, banking -- things like nap but, again, still down. >> not great news for france if we start to look at some of the indexes. there's a lot of focus on this economy. >> exactly. and the weakest spots, given that it's the second largest economy. now, we did see that return to growth for germany, which is a positive and will be a good gain forward. but say order box, very weak. demand, very weak. business confidence very weak and this is going to be hitting activity indicators going forward. >> even though the manufacturing side of it disappointed, the services was stronger. while services is a big part of the economy, it's where we're trying to see the rebalancing in the german economy happen. from that point of view, probably a rather encouraging development. >> it is interesting. it's also very exportwise. what we saw on these numbers was german exports falling sharply again. and this is just signaling that global economic conditions, soft patch very weak, particularly for the region -- i'm sorry, within the eurozone itself. >> and it's consistent with the weakening glo

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-- it is still an inhospitable place. >> bulgaria has been a member of the eu for five years now and has often been the target of criticism from brussels. bulgaria has to fight corruption's in european partners. they also want the country to do more for the most disadvantaged members of society. there is a neighborhood with a large proportion of blind and visually impaired people. they feel the state has simply forgotten in. >> as soon as the sun rises, it is time to start work, but the blind accordion player cannot usually scrapes together more than a few cents. he once had a decent factory job, but work has become a rare commodity in bulgaria. people with disabilities can expect rare support. occasionally the association of the blind steps in. >> the end of communism and the start of a new age for blind people. in the past, there was a different mentality. the state made it easy for people with disabilities. they provided everything. now our living conditions have changed dramatically. market forces have put paid to the blind association factories where every blind person used to get work. >

against tremendous scrutiny for u.s. and eu regulators. the euro nyse shares shot up 20%. >> how republicans plan to bring their tax bill to a vote today as tensions over fiscal cliff rise. it's still unclear what the plan b will look like. president obama says he will veto the bill, which has raced tax rates for people making more than $1 million a year. the president says he's puzzled by what's holding up talks and that house republicans should, quote, stop trying to score a point against hem. >> take the deal. you know, they will be able to claim that they have worked with me over the last two years to reduce the deficit more than any other deaf sigz reduction package, that we will have stabilized it for ten years. that is a significant achievement for them. she should be proud of it. but they continue to find ways to say no as opposed to saying yes. >> minority leader mitch mcconnell says there's still time to reach a deal by the end of the week. >> dan joins us now. dan, mitch mcconnell says it will happen by the end of the week. what say you? >> well, it better happen by te

there is a very high luxury tax. since they live outside the eu, they can receive a refund on the taxes they pay for the products here. >> that is really important because they immediately have more cash to buy presents, and it is very important because the chinese are extremely careful with their money. >> around 1 million chinese passengers fly to or from frankfurt each year, and they're spending more and more money here. the airport operator earns a commission on the purchases. >> chinese customers are a growing market. there are more flights to china, and it is a general trend. numbers are still modest at this point, but they continue to grow steadily. >> this afternoon, two a-380 flights are headed to china. he often tells passengers all the way to their gate. some board with a full shopping bags before flying back to their homeland. >> it has been two centuries now that children around the world have been thrilled and terrified by the tales of the grimm brothers. >> the first publishing of the fairy tales included timeless favorites like "little red riding hood, "" rumpelstiltskin ," and "

traffic. up to 5 feet of new snow. the snow is wet and heavy. the traffic on interstate eu8 was stalled. >> it was pretty bad because my mother-in-law lives in roseville. >> tonight highway ll patrol is requiring chains on all vehicles without 4 wheel drive. a winter storm warning is in effect florida 11:00 p.m. you can find live radar images on our website ktvu.com. >> shoppers return to the stores today of a less than are bust holiday shopping season. post christmas sales. the international council of shopping centers says the week between christmas ennew years can bring in as much as 15% of holiday sales. when they show up to exchange gifts they spend far more than the value of the gifts of the cards. >> a lot of the sales kick off on christmas eve. we expect to see a lot of holiday shopping to continue through the weekend. >> national retailers federation said holiday sales represented almost 20% of total retail industry sales last year. >>> on wall street disappoint sent stocks lower. the nasdaq about 22 on this afternoon after christmas. >>> a 66 year woman ended up dead today nea

, cashing in and right back in it. but a swag nullifies it. the penalty, 70 yards, 14-sáeus right now. 5 minutes left. they are batted away. and the panters go on to win 17- 6. oakland -- panthers go on to win 17-6. oakland, they have not been able to score. >> when you lose your starting quarterback there are a lot of guys stepping up. we did not have enough guys that made enough plays for us offensively. >> you always have to be ready to play and i try to pride myself being ready and accountable. so, we got to be ready when the number is called. >> now, yes. not sure how to react better. >> you know what he did. yes. they have to understand. yes. >> are you going to take it? >> no. are you making strides and all? >> no matter what you do, you did not get the win. >> that is a long plane flight home. >>> around the lake, how about andrew luck. those colts running it them into the playoffs. the rookie had had a record day in kansas city. the colts defense had a hand in things, too. here comes butler. stepping in front of the quinn pass. going back for the touchdown. 7-0 colts. rookie rec

field. the quality was not always good. >> one of the projects funded by the eu is trying to test strains of rice to see which will produce the best crops in the sometimes salty soil. it is the kind of help other countries have been getting for decades. now burma's people have a chance to catch up. >> a long road ahead for burmese victims of the cyclone. you are watching "bbc world news america." still to come in tonight's program -- america's leaders are called many things, but are they really a work of art? the national portrait gallery says they are. to kenya now where there has been a brutal revenge attack on a small rural community. at least 39 people have been killed. many are thought to be from a tribe which has frequently clashed with farmers over access to land and water. police say the village was attacked at dawn by people with machetes. >> even with a beef up security presence in the county, the perpetrators of this morning's attack still managed to kill scores of people. injured but alive, these are some of those who survived the pre-planned raid. police said this was

at th terrible bus been good. it's been held back by the negativism that was focused on the eu and this year it's the fiscal cliff and the election and everything else. the conditions are there. we need more m. & a in this cup. >> you are saying they are notgt ablocksblockbustermega deals buo medium companies, why is that. >> to do a step out deal therehe sense that things are good. m & a needs to be done. growth is thro slow and one of e ways to rise is to buy. everything is good but we have been held back by the negativism by the fiscal issues europe and the u.s. >> susie: you told me there were oil and gas americ mergersu think that tech could be an air yeah wirarea. what kind of gived guidelines can you give to investors so they can take advantage of these trends. >> there is a huge boom inenergd healthcarhealthcare in particule new healthcare system is going to be a lot. you have to look at companies that have had success but need more capital to get to the next level. exploration and production companies and energy that have done well and need capital. you can raise it or

tight into the holidays. >> music they are páeu -- music therapy is one of the therapies where it was all good. >> don't give up. never going to give up ♪, don't give up ♪ never going to give up ♪. >> we do a lot of song writing as you heard with jill. and that's a wonderful medium for for patients to be able to send to their family members. >> the day i saw him he was in a lot of pain. very depressed. at the end of making the song, he was very proud of himself. he said that song is really about having gone to some very dark places and really faced the hardest times of his life ever and holding ton the hope and faith that he has from his family. >> ♪ don't give up, never going to give up ♪ >> music therapy is an amazing addition for the care we have for our patients. >> can turn a very traumatic and devastating experience into something that can actually be quite healing. >> ♪ jingle bells, jingle bells, jingle all the way ♪ >> with the music what i can say is it gives hope because the lyrics itself show people that you can still have fun, you can still have joy.

to bring down spain's budget deficit. the eu is giving madrid more time to get its deficits in line. reductions in health spending are only part of the total to save, but the symbolic value of cutting medical care is great, and so is public anger. >> the son of pakistan's former prime minister has made his first political address. he told party supporters that he would carry forward his mother's legacy, saying that she had sacrificed her life for democracy. benazir bhutto was killed in a gun and bomb attack during her 2007 campaign. >> in student was brutally gang rape on a bus earlier this month, and the prime minister promised to review rape laws and punishments. demonstrators again took to the streets today, calling on the chief of the police department to step down. the government has also ordered an inquiry into the police handling of the case. meanwhile, the young woman whose case sparked the protests has flown to singapore for treatment. her situation remains critical. and internet where there are no political restrictions or government fire walls and were free discussion is

in schools. and ireland -- why deserters had to wait decades to be pardoned. eu leaders met to discuss how much solidarity they were prepared to show with the weakest members of the eurozone. in the end, the you chose not to abandon them, but greece continues to have to make drastic cuts, leaving marks that are visible throughout the country, including a long one of the world's most famous routes -- along one of the world's most famous routes. ♪ >> at precisely 42,195 meters long, this is the route that has become the standard for all marathon runners. the course was inspired by a 2500-year old myth, only today it is run on asphalt along with the capital's main roads. this is the bay where it said the lenda battle took place in 490 bc. it marked the first greek victory over the persians. according to legend, the athenian warriors gathered in a phalanx formation and managed to fight off a persian invasion. then a messenger ran the 42- kilometer distance to athens with news of the victory. at the local museum, the marathon's legacy is omnipresent. more modern-day hellenistic heroes have al

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